Sears Holdings hires an Amazon veteran
September 21, 2015 01:10 PM
Sears Holdings Corp. created a new role within the company for a former Amazon.com Inc. executive in an effort to improve Sears’ e-commerce performance.
The retail chain, No. 5 in the Internet Retailer 2015 Top 500 Guide, lured Amazon veteran Girish Lakshman out of retirement to be its president of fulfillment. Lakshman, a 15-year veteran of Amazon, retired from the online retail giant (No. 1 in the 2015 Top 500) in August 2014 after most recently serving as its vice president of worldwide transportation and technology. Amazon is No. 1 in the Top 500 Guide.
“Girish's strong operational discipline, process thinking and experience leading change make him a strong fit for Sears Holdings,” Sears CEO Edward Lampert said.
Sears isn’t the first big career move Lakshman has made this year. In March, he was named to GrubHub’s board of directors.
Top500Guide.com data shows strong web sales growth for Sears over the past five years, going to an Internet Retailer-estimated $5.7 billion in 2014 from $3.107 billion in 2010, an annual growth rate of 12.90%.